NORWOOD SYSTEMS LIMITED — Director's Dealing 2011

Dec 4, 2011

Appendix 3Y Change of Director’s Interest Notice

Rule 3.19A.2

Appendix 3Y

Change of Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001 Amended 01/01/11.

Name of entity MONTERAY MINING GROUP LTD ACN 062 959 540

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Kevin John DART
Date of last notice	19/08/2011

Part 1 - Change of director’s relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part

Direct or indirect interest		Direct and Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to therelevant interest.		DirectKevin DartIndirectKevin John Dart <Dart Family SuperannuationFund> - TrusteeCharter Pacific Corporation Limited-Director
Date of change		05/12/2011
No. of securities held prior to changeKevin DartKevin John Dart <Dart Family SuperannuationFund> - TrusteeCharter Pacific Corporation Limited Director		DirectNilIndirect742,000 Ordinary250,000 Options9,564,576 Ordinary7,500,000 Options
Class		Ordinary and options

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Number acquiredKevin Dart		1,000,000 Options exercisable at $0.25 expiring30/11/2016
Number disposed		Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation		Nil
No. of securities held after changeKevin DartKevin John Dart <Dart Family SuperannuationFund> - TrusteeCharter Pacific Corporation Limited Director		Direct1,000,000 OptionsIndirect742,000 Ordinary shares250,000 Options9,564,576 Ordinary7,500,000 Options
Nature of changeExample: on-market trade, off-market trade, exercise of options,issueofsecuritiesunderdividendreinvestmentplan,participation in buy-back		1,000,000Optionsgrantedpursuanttoshareholder approval at AGM on 30/11/2011

Part 2 – Change of director’s interests in contracts

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 – + Closed period

Were the interests in the securities or contracts detailed above No traded during a + closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to N/A proceed during this period? If prior written clearance was provided, on what date was this N/A provided?

• See chapter 19 for defined terms.

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